Mar 9 • 13:58 UTC 🇺🇦 Ukraine Ukrainska Pravda

Orbán party MP submits bill to keep seized Oschadbank cash and valuables under arrest

A Hungarian MP from the ruling party has proposed a bill to retain custody of cash and valuables seized from Ukraine's Oschadbank until the related criminal investigation is resolved.

Máté Kocsis, a member of the ruling Fidesz party, has introduced a bill in the Hungarian parliament concerning cash and valuables seized from Ukraine's Oschadbank. This legislative proposal is designed to maintain the assets under arrest throughout an ongoing criminal investigation initiated by Hungary's National Tax and Customs Administration (NAV). The assets in question reportedly include a significant amount of cash and gold, which were transported through Hungary, prompting concerns about their intended use.

Kocsis has highlighted the need for such measures by referencing national security implications and the unusual circumstances regarding the assets' transport. He stressed that the inquiry focuses on how their transportation and the individuals involved may represent a risk to Hungary. The proposal reflects an atmosphere of caution and scrutiny over foreign financial assets, particularly in contexts that might intertwine with national interests.

This legislative move could have broader implications in terms of Hungary's relations with Ukraine, especially regarding financial and economic dynamics. As the investigation progresses, the outcome could influence not only the handling of the assets but also the perception of security related to foreign funds within Hungary, which currently faces various national and international pressures.

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